Can Bumble (BMBL) Keep the Earnings Surprise Streak Alive?

Core Viewpoint - Bumble Inc. (BMBL) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, continuing a strong trend of surpassing expectations in previous quarters [1]. Group 1: Earnings Performance - In the last reported quarter, Bumble achieved earnings of $0.22 per share, exceeding the Zacks Consensus Estimate of $0.15 per share, resulting in a surprise of 46.67% [2]. - In the previous quarter, Bumble was expected to post earnings of $0.07 per share but delivered $0.19 per share, leading to a surprise of 171.43% [2]. Group 2: Earnings Estimates and Predictions - Bumble's earnings estimates have been trending higher, supported by its history of earnings surprises, and it currently has a positive Zacks Earnings ESP of +35%, indicating bullish sentiment among analysts regarding its earnings prospects [3][6]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that stocks with this combination beat consensus estimates nearly 70% of the time [4][6]. Group 3: Earnings ESP Metric - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions, which may provide more accurate predictions [5]. - A negative Earnings ESP can reduce predictive power but does not necessarily indicate an earnings miss [7].